Posts Tagged ‘Housing crisis’

Toronto’s housing crisis is well documented: the skyrocketing and prohibitive cost of rent, the lack of funding for repairs to community housing structures, and the growing wait list for affordable housing are just a few of the issues that have received media attention in the past year.

The facts are equally grim across the country: one in four Canadians spends more than 30 per cent of their income on housing, and an estimated 733,275 low-income Canadians are in extreme housing need, spending more than 50 per cent of their income on housing. Over 235,000 Canadians experience homelessness every year, and some 365,000 households are at risk of rent increases or eviction as a result of the end of operating agreements.